Frenchman Buys 29.1% Stake
In Christie's International

PARIS -- French businessman Francois Pinault has added to his collection of international brand names with the purchase of a 29.1% stake in auction house Christie's International PLC.

Mr. Pinault, 61 years old, one of France's richest businessmen and a collector of modern art, didn't disclose how much his holding company Artemis had paid Bermuda-based investor Joseph Lewis and his family for their stake in the auction house, which is based in the United Kingdom. At Tuesday's closing share price, a 29% stake in Christie's is...